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Comment by what-the-grump

It doesn’t matter to PE as long as they can make a profit.

Buy a failing business and leverage debt on it until you can’t, spend the money on yourself restructuring the business.

Buy a working business and gut it for multiple.

Buy failing businesses to offset tax burden.

This a meta level game, they don’t care about the outcome as long as it produces profit.

Product quality goes down the drain? That product is retirement homes, healthcare, food, utility, schools, it doesn’t matter. There is a million levels of separation and paperwork and a corp structure to prevent shit swimming up the stream.

Net result, if you live in America look around you, go to an auto service center, or a clinic. It’s been gutted for profit one way or another.

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